Top Retirement Strategies for Government Employees

Top Retirement Strategies for Government Employees

If you are a government employee, mainstream advice about retirement plans and benefits don’t apply to you so make sure you understand your options. Are you thinking about investing in your first rental property? It’s a big step. But with careful research and some time and effort, it can be a great way to generate a passive income. There’s a lot to consider before you start your journey to becoming a real estate mogul. In this article, we’ve put… Hi all, just curious – Is a civil/public servant allowed to volunteer as part of a (any) political party for relatively “passive” events/acti American International Group Inc. reduced its position in Universal Health Realty Income Trust (NYSE:UHT) by 2.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,859 shares of the real estate investment trust’s stock after selling 203 shares during the period. American International Group Inc. owned 0.06% of […]

  • Mainstream advice about retirement plans and benefits typically don’t apply to government employees.
  • The Federal Employees Retirement System (FERS) provides Social Security benefits, a pension, and a thrift savings plan (TSP) to federal government workers.
  • Benefits for federal employees are confusing so it may be a good idea to seek help from a financial advisor who specializes in this area.
  • State, county, or municipal government employees may be entitled to a pension.

The most you can contribute to the TSP for 2020 and 2021 is $19,500, plus an additional $6,500 in catch-up contributions if you are 50 or older.

Source: www.investopedia.com

Author: By Amy Fontinelle


5 things to consider before buying an investment property

5 things to consider before buying an investment property

Are you thinking about investing in your first rental property? It’s a big step. But with careful research and some time and effort, it can be a great way to generate a passive income.

There’s a lot to consider before you start your journey to becoming a real estate mogul. In this article, we’ve put together a list of some important information that can help you on your road to building your real estate empire.

  • Is a real estate investment the right fit for you? 
  • Great risks can yield great rewards. But consider the risks of an investment property: securing a mortgage, maintaining a budget for operating costs, securing reliable tenants who will pay their rent on time and securing a maintenance fund— just a few of the important issues to think about.

    Many aspiring investors think that they will begin making a profit from their investment right away. That rarely happens. Operating costs that are too high, a heavy mortgage, vacancies that you have to cover— these can seriously eat away at your profits and leave you with next to nothing— and that’s before you deal with marketing, property taxes and other bills. All of these issues can seriously derail you if you fail to plan for them in advance. But if managed carefully, an investment property can net considerable financial rewards over time.

  • Your Financial Situation
  • Can you secure the mortgage necessary to purchase an investment property? Do you carry a high debt load? Both of these questions need careful consideration before proceeding.

    Lenders typically like to see a debt-to-income ratio of less than 36%. An investment property does not qualify for mortgage insurance so the amount needed for a down payment is higher than when purchasing a family home (20% for investment properties vs 5-10% for family homes). You also need to consider closing costs and emergency funds.

  • Property Management
  • Are you prepared to manage your investment property on a day-to-day basis? If your goal is to buy it and forget it, you need to consider a property management company. They will deal with the daily management of your property including finding and vetting potential tenants, collecting the rent, and handling any maintenance issues that come up.

    One additional benefit of using a property management company is the freedom to purchase a property anywhere the law allows and take advantage of markets where the financial rewards are greatest.

  • Location, Location, Location
  • In the case of an investment property, “where” is often more important than “what”. For example, the hottest place to purchase an investment property in Canada right now is in Guelph, Ontario. You want your property to be where the people are. A beautiful vacation home, in a place no one visits, will not be a successful investment but a fixer-upper in an urban center will probably recoup your renovation costs and make you a tidy profit. Do your research before you settle on a location.

  • The 1% Rule
  • What Is the One Percent Rule?

    Simply put, it means that the monthly rent earned from an investment property should be no less than 1% of the price of the property. This will ensure that you at least break even. A good rule of thumb is to never get a mortgage where the monthly payment is more than the amount received from your monthly rent. It’s best if the mortgage is less than that one-percent.

    There are lots of other things to think about before purchasing an investment property. Research is key to success, and hopefully, this list will provide you with a good starting point.

    Source: First canadian Title – Nov 19th, 2020 | By FCT

    Source: rcmmortgagesmadesimple.com

    Author: By The McMillan Group – Mortgage and Real Estate Consultants


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    American International Group Inc. Reduces Holdings in Universal Health Realty Income Trust (NYSE:UHT)

    American International Group Inc. Reduces Holdings in Universal Health Realty Income Trust (NYSE:UHT)

    Universal Health Realty Income Trust logoAmerican International Group Inc. reduced its position in Universal Health Realty Income Trust (NYSE:UHT) by 2.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,859 shares of the real estate investment trust’s stock after selling 203 shares during the period. American International Group Inc. owned 0.06% of Universal Health Realty Income Trust worth $505,000 at the end of the most recent quarter.

    Several other hedge funds and other institutional investors have also recently made changes to their positions in UHT. Bank of America Corp DE increased its position in Universal Health Realty Income Trust by 1.7% during the second quarter. Bank of America Corp DE now owns 50,489 shares of the real estate investment trust’s stock worth $4,013,000 after buying an additional 833 shares during the period. Swiss National Bank boosted its holdings in Universal Health Realty Income Trust by 15.4% in the 2nd quarter. Swiss National Bank now owns 29,200 shares of the real estate investment trust’s stock valued at $2,321,000 after purchasing an additional 3,900 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in Universal Health Realty Income Trust by 9.9% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 28,188 shares of the real estate investment trust’s stock worth $2,241,000 after purchasing an additional 2,550 shares during the period. Barclays PLC raised its stake in shares of Universal Health Realty Income Trust by 27.0% during the 2nd quarter. Barclays PLC now owns 22,064 shares of the real estate investment trust’s stock worth $1,753,000 after buying an additional 4,688 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in shares of Universal Health Realty Income Trust by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 19,534 shares of the real estate investment trust’s stock valued at $1,553,000 after buying an additional 165 shares during the period. 67.61% of the stock is owned by hedge funds and other institutional investors.

    Shares of UHT stock opened at $62.68 on Friday. The business’s fifty day moving average price is $57.34 and its 200 day moving average price is $70.40. The firm has a market capitalization of $863.17 million, a PE ratio of 43.83 and a beta of 0.68. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.90 and a quick ratio of 0.90. Universal Health Realty Income Trust has a 1-year low of $52.25 and a 1-year high of $132.41.

    Universal Health Realty Income Trust Company Profile

    Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in seventy-one properties located in twenty states, including two that are currently under construction.

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    Want to see what other hedge funds are holding UHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Health Realty Income Trust (NYSE:UHT).

    Institutional Ownership by Quarter for Universal Health Realty Income Trust (NYSE:UHT)

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    Source: www.modernreaders.com

    Author: Gary Stephens


    Top Retirement Strategies for Government Employees


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